XSLT 1.1 - using node-sets in parameters

Would I be correct in assuming that in XSLT 1.1 you will be able to do this:

<xsl:template match="para/item">
	<xsl:call-template name="para.item">
		<xsl:with-param name="gentext">
			<gentext>
				<xsl:text>Basketball</xsl:text>
			</gentext>
		</xsl:with-param>
	</xsl:call-template>
</xsl:template>

<xsl:template name="para.item">
	<xsl:param name="gentext" />
	<xsl:apply-templates select="$gentext" />
</xsl:template>

Which you can currently do in MSXML3, but not in any others (as far as I am
aware)?
Cheers,
Matt
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